XRP in the 5th elliot wave.

XRP has no chance against every analysis against it. with the news(fundamentals) been heard on a daily basis, as more exchanges delist and stop every activities on XRP. Also with the latest, of which it former CTO decides to dump over $28.6 million worth of CTO.
XRP could be lucky if it wins it LAWSUIT against the SEC, then considers those exchanges begining to trade it back then the price is likely to surge, But in the case of being unfortunate in losing the lawsuit then............

But not only the fundamentals are pointing XRP to it doom, even the Technical analysis are pointing to the bear. With all other Impulsive movement of the inverse ELLIOT WAVE been archieved already (1234) we expect the 5th wave to commence immediately. with my target shown above.(just first and second target).
NOTE: The support trend line on the 4hr time frame have been broken and we expect it to turn into a resistance trend line.
To be very cautious entry should be after price breaks SUPPORT, TRADE WISELY!!!!!
Elliott WaveFundamental AnalysisTrend Analysis

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